Reorganization of Central Banke Mr. T. Vs Soong, Minister of Finance, left for Canton on June 6
Mr. Soong was accompanied amber of set aries and by Messrs, Young:
ind Lynch of the Kemmerer Mission, The purpose of Me. Soong's visit to Canton is to reorganize the Central Bank there so thit it may become part of the general banking system of the country. The Canton Central Bank notes depreciate every time there is a war in that and it is understood hopes to work the city will be saved from this constant economic loss.
While in Canton, Mr, Soong make a survey of the general ancial situation, so that financial control there may be centralized in manner similar to that ju vogue the provinces completely under the control of of inst the welfare of that country, in its international relations.
The various temporary military dictatorships which had been ostabe lished, from time to time, by mili= tary leaders in various Chinese pro vinees or groups of provines Another argument against carly abolition was that the Chines Judicial code had not been regarded providing proper safeguards civil and criminal eases.
The United Press informant b lieved that the Powers would tak concerted action before there a relinquishment of their extra te Hitorial privileges.—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.